How Rising Interest Rates Affect You
How Rising Interest Rates Affect You
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Most of you have heard that the Federal Reserve has increased interest rates and will continue to do so throughout the year. But what does it mean when the Fed raises rates? Today I'll discuss what impacts we've observed. Though rates have risen from about 2% or 3% to around 4%, they're still historically low. You won't be able to refinance back down to those levels, but you could still get rid of your private mortgage insurance. To hear more, watch our latest video.
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Abel Tejeda
The Mortgage Guy
619-948-2996 | abel@abeltejeda.com | www.abeltejeda.com
1419 University Ave, Suite C
San Diego, CA 92103